Bitcoin’s FVG: Up, Then Crash? 🚀💥

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Behold, the Bitcoin price chart, a masterpiece of confusion, now sporting a head and shoulders pattern that’s about as clear as a foggy day in Ankh-Morpork. The Fair Value Gap (FVG), that mischievous little hole in the market’s fabric, remains unfilled, tantalizing traders with promises of a bullish sprint. But beware, dear reader-this is the crypto world, where every “up” is just a prelude to a “down” with a side of existential dread.

Filling The Fair Value Gap At $114,000

Crypto oracle Xanrox reveals that the FVG, a gap in the price action that’s as stubborn as a goblin with a grudge, opened above $114k after the last crash. This gap, like a poorly sealed cheese wedge, is ripe for filling. But here’s the catch: once filled, it might just be the first step in a grander, more sinister dance. The Head and Shoulders pattern, that classic setup for a dramatic exit or a tragic fall, looms like a shadow over this scenario.

With the gap still open, the market whispers of a potential run-up to $114k. But this is where the fun (or chaos) begins. The price will likely hit $114k, only to find itself besieged by a horde of resistance levels, stop-loss orders, and the collective sighs of traders who thought they’d outsmarted the market. It’s like trying to outrun a dragon-possible, but not advisable.

Xanrox, ever the optimist, explains that traders have left their stop-loss orders above $114k, a move as wise as leaving a trail of breadcrumbs for bears. The whales, those enigmatic titans of the crypto seas, will seize this opportunity to drain the liquidity and send the price spiraling downward like a poorly thrown frisbee.

Bitcoin Price On The Edge Of A Crash

Once the FVG is filled, the market enters its next phase: a bearish crescendo. The Head and Shoulders pattern, that unreliable friend, completes its act, and the price begins its inevitable descent. Xanrox, with the foresight of a wizard and the optimism of a toddler, predicts a crash deeper than a rabbit hole. The price will plummet below $108k, a level so low it might as well be a different cryptocurrency.

This crash, expected to be more than 10%, will send Bitcoin tumbling to $106k, where it will likely find a bottom-assuming the market isn’t too busy laughing at its misfortune. Xanrox, ever the sage, cites September as a month “statistically worst for Bitcoin,” a claim as reliable as a weather forecast in a storm. But hey, if the market’s a rollercoaster, why not enjoy the ride?

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2025-09-08 09:42